Market Lead, but Overvalued - Anonymous employee Illumina Employee Review

3.0
Aug 11, 2011
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good job security as the company is intentionally understaffed to increase margins. Compensation still a bit above market, but weighted towards equity

Cons

Stock price has little upside Sequencing is becoming more commoditized and Illumina relies on high margins which will likely dwindle over time Poor work-life balance A tremendous lack of leadership below CEO level, still acts like a $100M revenue company

Explore other reviews about Illumina

5.0
Apr 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Great company mission and vision. Fast paced environment. Opportunity for advancement across company. Flexible work schedule

Cons

Rebuilding after a few rough years of poor decision making from leadership.

4.0
Jul 13, 2026
Recommend
CEO approval
Business Outlook

Pros

Stuck with them for 7 years because it was good back then. Comp is good, benefits are good, and if you're on campus its a nice experience. If you find the right team it can be a dream, but the flipside can be awful. Overall they have a lack of direction in what is turning out to be a highly competitive market.

Cons

Corporate bureaucracy and internal politics are strong but could be worse. The benefits were better in the past and all the perks are winding down with time as they tighten the budgets and try hard to pivot away from dying segments

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